Redefine Properties (JSE:RDF) Dividend Payout Ratio : 2.24 (As of Feb. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Redefine Properties Dividend Payout Ratio?

Redefine Properties's dividend payout ratio for the months ended in Feb. 2024 was 2.24.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Redefine Properties Ltd is 2.28, which seems too high.

The historical rank and industry rank for Redefine Properties's Dividend Payout Ratio or its related term are showing as below:

JSE:RDF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.93 Med: 1.09 Max: 2.51
Current: 2.28

During the past 13 years, the highest Dividend Payout Ratio of Redefine Properties was 2.51. The lowest was 0.93. And the median was 1.09.

JSE:RDF's Dividend Payout Ratio is ranked worse than
82.51% of 566 companies
in the REITs industry
Industry Median: 1.01 vs JSE:RDF: 2.28

As of today (2024-06-23), the Dividend Yield % of Redefine Properties is 10.88%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Redefine Properties was 51.56%. The lowest was 5.69%. And the median was 8.56%.

Redefine Properties's Dividends per Share for the months ended in Feb. 2024 was R0.24.

During the past 12 months, Redefine Properties's average Dividends Per Share Growth Rate was 1.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -6.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Redefine Properties was 29.80% per year. The lowest was -18.60% per year. And the median was 6.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Redefine Properties Dividend Payout Ratio Historical Data

The historical data trend for Redefine Properties's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Redefine Properties Dividend Payout Ratio Chart

Redefine Properties Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Dividend Payout Ratio

Get a 7-Day Free Trial

2.51

1.00

1.89

Redefine Properties Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Dividend Payout Ratio	Get a 7-Day Free Trial															2.08	0.43	1.57	2.33	2.24

Competitive Comparison of Redefine Properties's Dividend Payout Ratio

For the REIT - Diversified subindustry, Redefine Properties's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Redefine Properties's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Redefine Properties's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Redefine Properties's Dividend Payout Ratio falls into.

Redefine Properties Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Redefine Properties's Dividend Payout Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Aug. 2023 )	/	EPS without NRI (A: Aug. 2023 )
	=	0.396	/	0.21
	=	1.89

Redefine Properties's Dividend Payout Ratio for the quarter that ended in Feb. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Feb. 2024 )	/	EPS without NRI (Q: Feb. 2024 )
	=	0.235	/	0.105
	=	2.24

Redefine Properties (JSE:RDF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Redefine Properties Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Redefine Properties's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Redefine Properties (JSE:RDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Redefine Properties Ltd (JSE:RDF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.redefine.co.za

Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland .Within South Africa, over half of the company's properties are in the province of Gauteng in terms of total value. The group comprises of segments in the local portfolio, being office, retail, industrial, specialised and head office, and the international portfolio being EPP, Redefine Europe and other. Majority of revenue is generated from EPP, international portfolio.

Redefine Properties (JSE:RDF) Headlines

No Headlines